105 | Brilliant not boring – unlocking financial wellbeing with pensions at work, with Pete Hykin

Although pensions can feel like a boring or complicated topic (especially if you’re not a Reward specialist), HR Coffee Time guest Pete Hykin shows this doesn’t have to be the case. In this episode he helps strip away any worries you might have about choosing a pension provider or talking about pensions at work. He also shares some great tips on how to get everyone engaged with their pensions and focused on their financial wellbeing.Listen to the episode to learn:Why it’s important to prioritise getting pensions right, even though you have other projects and issues competing for your time and attention.You can draw a direct line from employee productivity to employee wellbeing and financial wellbeing.Aside from their house, their pension is the largest financial asset your employees will have in their lives.Pensions are a major part of financial wellbeing.The importance of educating people about pensions.Help bring the amount of money in peoples’ pensions to life.You can use tools like salary sacrifice to put more money in your employees’ pockets.Create a culture and environment where people can talk about money and their financial wellbeing.Inclusion and pensions.Tips on choosing a new pension provider – consult with your employees to find out what’s important to them.Useful LinksConnect with Fay on LinkedInFay’s website: Bright Sky Career CoachingBook a virtual chat with PenfoldBuy the Book Recommendation(Disclosure: the book link is an affiliate link which means that Fay will receive a small commission from Amazon if you make a purchase through it)Becoming, by Michelle Obama Other HR Coffee Times Mentioned in This EpisodeEpisode 48: How to support your colleagues with bereavement at work, with Michelle SmithLooking For the Transcript?You can find transcripts for all episodes on the HR Coffee Time section of the Bright Sky Career Coaching website. Rate and Review the PodcastIf you found this episode of HR Coffee Time helpful, please rate and review it on Apple Podcasts or Spotify. If you're kind enough to leave a review, let Fay know so she can say thank you. You can always reach her at: [email protected] This Episode? Don't Miss the Next One!Be notified each time a new episode of HR Coffee Time is released and get access to other free career tips, tools and resources by signing up to receive the free weekly HR Coffee Time email.Mentioned in this episode:Kara Connect - Help When It's Needed MostMenopause, grief, ADHD, relationship breakdown... Every day, employees dealing with these situations are turned away by their EAP because they didn't qualify for counselling. When someone finally asks for help, they deserve better. Visit Kara Connect, where no employee is ever turned away. Kara Connect